One webinar after another … from President, to SVP, to VPs … all the same message and outcome.
No new directions given. Same old, same old. Nothing thought provoking, to challenge our fertile minds.
They still want … no, demand, the max from all those left behind. Learn to work with less headcount … but TMTS will still come to hit you anyway.
Past salary freeze, stalled promotions are all deemed water under the bridge. There are no plans for restitution … now don’t bring up Shell’s 8%, cos we have no plans to reciprocate … and besides, Shell had actually cut salaries, so they are obligated to compensate for their own “wrongdoing” now. Whereas EM did not - it just removed increments. Not the same!
The biggest figment of EM’s corporate management’s imagination is that with the still-unproven CCS and LCS technologies, we can continue to sell “modified” fossil fuel products … call it blue or pink, whatever. They’ve gotta be kidding themselves. Pulling wool over whose eyes?
And they think that EM can just switch onto the LEF bandwagon? … how wrong they are! The bio-fuels competitors are miles ahead of us in the sweep stakes. They have long secured their raw feed supply chains and product distribution channels.
And EM, the new kid on the block, wants to go into that same market now? The raw feed cost is going to be extremely prohibitive! Even buying gutter oil (spent cooking oil) - EM has had no established collection network, no experience in term-contracting such non-traditional, non-crude feed sources. Our commercial and product traders can only look askance, when they land themselves with the unenviable task of having to secure term supply of such feedstock.
And purchasing very costly bio-diesel, only to convert it to sustainable aviation fuel (SAF) … companies like Neste will just skin us alive!
Make high-cost blue hydrogen? … won’t that also push up our cost-to-produce, to stratospheric levels? How do we maintain our cost-competitiveness then? Who’s gonna buy our still-fossil-based fuel products?
It is in my strong opinion that the people “up there” are just not thinking and talking straight.
I am extremely disappointed with how myopic our corporate management has become - not to be able to see through the obvious!
We’re just clinging to the last remnant straw of the great Rockefeller empire and the Standard Oil Company, which had served its purpose well, during the industrial revolution and beyond, into the new millennial. But now, things must change.
“How Dare You?” (GT).
5443 replies (most recent on top)
Do you still want to serve the EMperor? If not, run for your life!
bNhft+16zEvLP3,
By the pecking order you have mentioned , what will the Execs (Cl30) do? The answer is nothing … from nothing to nothing as usual, but sit around collecting fat pay check.
Just like the pigs in the animal farm. Just make sure you don’t end up like the character boxer in farm who died by over working . Fear and blind belief in the mgmt drive him to work harder and harder only end up dying . Good luck everyone , no venture no gain. I am getting out regardless of the economy situation. Most importantly is to acquire the right and relevant skill set for future not in a dying industry. Just like the show, titanic , there wld be all kinds of pple making different choices but to each its own. Some chose to stay only end up sinking with the ship, some jumped ship but drowned, some jumped and caught on life boats to live and tell. Most importantly , take charge of your own destiny. I just got an offer after many attempts ( you can’t believe how many resumes I submitted) , towards the digital world . Am in my early 30s , I am already experiencing how challenging to get a job out there with the generalist skill set we developed in EM. Take care my comrades , the only things I missed dearly are the pple . We have good pple but our ranking system turns some into political monsters and makes us “fight and ki-l” one another . Is this where u want to work? Go and watch animal farm to get some revelation on this corporate swines are all abt.
Agree on the uncertainty in global economic outlook.
But what makes you think EM will be immune and not shed jobs, or reinstate an upsized nsi percentage with pil as a first option?
I know of someone who quit from EM, joined another company, but got retrenched after less than a year, when that company downsized.
LPSA: What’s the worst thing that can happen?
With a weak market economy outlook, I’d rather stay put for now. I cannot and should not risk my job and my family’s egg nest, without first considering and realising the bigger impact that’s going to come with an impending global recession.
The US, Australian and China property markets are already into negative equity - the doldrums. So owners will lose money, even by liquidating! What more, with a high mortgage?
Agree, now is not a good time to jump ship - with so much economic uncertainty, looming recession, rising interest rates, hyperinflation, more downsizing, divestments and market exits.
No lah. Please have a clear mind.
Even PM Lee has given us that warning, in his 22ND Rally speec.
Companies that had made it good during the pandemic - like Shopee, are now laying off staff en-masse. So is Musk’s shining star - Tesla.
Why risk your family’s rice bowl and your children’s livelihood at this time of uncertainty?
Stay put. Earn your existing good pay well, contribute for what you are worth for an honest day’s job and wait for the YE 3 month bonus. Get that bird in hand first!
No point jumping ship now and risk losing your job and everything that you have built up over the years, including the cash in your bank account, mortgage and other loans to pay, children’s education …..
Wit Russia, China, North Korea and Iran rocking the globe, things may go south very quickly. You’ll never know and be none the wiser.
Perhaps reconsider and revisit your plight another year, or two, when the world economy and geo-politics reached a next steady state.
MPTs who have worked for at least 10 years in EM, with at least CL26 are already earning $11-12K pm, minimum.
If the job pays you well, why run?
Lan lan swallow lor!
That’s the best advice that I can give, to keep your sanity and protect your family’s peace of mind and financial security.
Why take risks, when one is their mid-30s to early-40s? Especially in this recession-able climate.
You can jump ship now … but don’t forget, you may also be the first to be cut when the new company needs to right-size.
Read all the comments, lower rank crew all so low morale. Why don't just accept pay cut and jump the ship? Just let the captain steer the ship alone.
If can't let go the higher pay than outside market, then LL to work on. No point keep complain about management.
They will be happy to read all your low morale comments as they had achieved their target : )
https://nypost.com/2022/08/22/oracle-execs-bragged-about-car-collections-while-refusing-to-raise-pay-report/
This sounds like the dh who spoke about high petrol price but high pay cheque every month end.
Very good wise practical advice our em Comrade
Thank you my friend
We need to remember that we will lower the CL levels for existing job families by two CL levels to remain competitive long term.
A CL-24 is expected to do the work of a CL-26 over the next five years.
A CL-26 is expected to do the work of a CL-28 over the next five years.
A CL-28 is expected to do the work of a CL-30 over the next five years.
We will also recruit five engineers in Kuala Lumpur or Bengaluru for the same cost of one engineer in Houston or Brussels.
Actually the writing is on the wall. The longer we stay, the more cooked we will be. Just like the proverbial frog in the pot being slowly boiled. The advice is such :
For the >= 50 yrs . Make sure u save damn hard for the next 5 yrs or less. The fastest you save enough the better is for u
For those in the 40s . This is the most valuable group. Neither here nor there. Need to decide whether to bite bullet to get abit of pay cut to get out to buy a longer runway. Might be a wiser move than continue digging deeper into the ho-e like what Exxon is doing with FOssil F
Those in the 30s, each day you invest in this company , the experience is depreciating not appreciating in value . You are the better group who can really switch runway . Better do now especially those in late 30s
Those in 20s , u must be d-mb or a dump to join the company. Wasting precious time and youth on building expertise and experience in obsolete industry .
I am in my mid 30s , honestly speaking not easy to find a job outside energy sector .. am half body in quick sand . Sigh. Nonetheless , I am determined to cut loss to switch for longer runway. I am going to join the Government sector .. lower pay but better work life balance , no Threat of NSI to affect my mental health. We only live once .. why spend time with EM which has already turned into a whor@ ! Comrades , hope to share good news soon , fingers crossed .
Don’t need to be NSI to get no increment, NI also zero. Really KNN!
In recent years, many millennials don’t aspire to join oil companies like EM any more. Many have rejected our offer letters.
Sunset Industry. High Carbon Footprint. Non-Green. Fossil Fuel Dinosaur. Dirty Emissions. Global Warming. Oil Politics.
Stop. No more!
FinTech, FAANG, BioTech, AI, Digitalisation are the new buzz words now. Even banking and finance remain.
So how to make working for EM attractive again? How to make EM great again?
It is our Woody pal that had insisted on the 8% NSI, the layoffs, the punitive PA system, the TMTS restructuring, the EMPS merger, recent divestments around the world, the wage freeze, the massive cuts on employee benefits - all to guarantee dividends to the shareholders.
How to tell all these to our next gen and just-employed new hires? It is just so embarrassing lah.
At recent Singapore Journey Workshop for Supervisors.
SLT still want us to score on Refinery KPIs for Safety, Reliability, Capacity Utilisation, Energy Index, Margins and Earnings.
But how to motivate the workers to perform better?
Only wishy washy replies provided at Q&A, on NSP guidelines, do not hope for one-offs - unlike what Shell has done, can forget about income lost from 2021 wage freeze.
In short, need to work even harder (so as not to fall in NSI) to get any increment. Higher pay only reserved for new hires to match market competition and attract them to join EM. What about the rest of us leh?
Wah lau eh! Liddat oso can ah?
Add on to that:
“@bMyzk+16zEvLP3 a role that adds ZERO value, BUT EARNS A DH’S SALARY! Shame!”
$330K-360K p.a., just to be a Culture Advisor? I want!!!
The essential problem here is, Exxon managers think the success of the company so far, is mainly dependent on the quality and the managers' contribution from their "winning" behaviors.
THIS IS WRONG.
In 2020 there was a very short duration of self reflection and self doubt about the systems and values that this company has held up to, however, that didnt last long due to the soaring crude price. Again, came back to the old style.
To make things worse, they are enforcing the Winning behaviors that made the company more successful.
Okay, enough liao.
@bMyzk+16zEvLP3 a role that adds ZERO value! Shame!
How much has the culture changed after the appointment of a culture advisor? hmmm.. wonder what was really done.. got nsi anot ar
Faster apply jobs and leave here. Let the SLS to run the plant!
You know the game very well, Low CL ranks Hight, Hight CL ranks Low. Eventually all the high CL left. Expensive to keep many high CL. This cycles will goes round and round till…TMTS started to take off. This is a dog eats dog world, everyone is keeping something under their sleeves for EADS. Run before recession come when many companies stopped hiring.
oh wait, as the senior, i also want to have a role model, who do I look out for as a guidance. SLS will tell you your DTL, your complex but those people are already on cruising and quiet quitting mode.
And most importantly, how am I the senior if the juniors' CL are all catching up on me?
All these comments sound so similar.
You are a senior, you have to contribute on a larger scale
You have to initiate new ideas for improvement
You have to take the lead
Your behavior has to be right, the juniors look up to you etc etc
But they forget that you are doing a base engineer work because too many people left last 2 years and you are a senior who is most suitable to cover. And how does the SLS help you? Rank you down so you will leave on your own while they hire newbies. GI mindset, cut cost for the company.
I heard that to cater to the many that are stuck long long at CL25 (senior), or CL27 (complex), they are creating new positions to allow moving up to CL26 or CL28. And no need to take a SH or DH position some more!
Can meh?
Which SH or DH will promote you to same rank as them?
Me told the same thing too. Am CL25, so if I’m doing same as another CL24/23, they will be assessed higher than me - ONLY BECAUSE I am more senior in the CL22-25 PA cohort.
Not only must do more work, must also take the lead in problem solving team meetings.
Must be the one to point direction for the team, not take orders to do the work.
Then who do?
Need to come up with more fresh ideas to make more money. Need to think outside the box, work smarter.
So kana NSI lor!
Looks like I’ll be stuck in CL25 for a long long long time. So time to move on. Adios!
You’re a senior in this role, ba ba ba… you need to perform more. I was like What?!!! Therefore my ranking dropped. Outstanding reserved for junior. Hack care now onwards, on auto pilot mode.
the hard truth. Mid 30s here, CL stuck at 24. Was performing well in the first few years until newbies came along.
Aiyah all the Comm sessions nowsaday is only engage the rank and file lah, to boost morale and hopefully, to cap the high attrition rate and the painful regretted losses.
They know they have lost the plot already, after the 2020 mass PIL and layoffs.
The majority of younger employees have lost confidence in the company completely, not to want to set up a long term career n EM.
Any better opportunity outside and they quit!
They realise that PIP will continue to haunt and stress them up, year after year.
It’s a never ending rat race, like a hamster running on a circular treadmill.
You complete one PA cycle, there is always the next to face.
You need to keep up with the pace of continuous improvement and your boss demanding expectations.
By the time you become a senior, you will be compared to the younger CL levels - so what you have been doing same is no longer good enuf.
You then slide down the PA categories, all the way to NI, then NSI - then kana PIP.
Wave after wave, every year must get good KO inputs, score points, back stab, carry ball$.
As you age, 30, then 40, then 50. Same old game you have to play to survive this reality RPG in real-time. Make one major mistake and it’s game over. No more promotions for you, until retirement.
Fact: DH salary is about $300,000 to $360,000 pa.
Very good hor.
Outside SME companies is director pay scale oredi. Si beh ho tan!
I also want to be DH leh.
i say 'E' you say 'S', ES style leh.
song bo DH huge pay check reflected from the refinery record earnings ok!
Useless com session one after one.
Engage, fxxxk lah.
Shell gave out 8% revenue to compensate employees, when EM manager talked about it-that was all because Shell cut employee salary in the pas they are benchmarking it back. WTF?????
Well, maybe, they cut pay so as to survive, but Exxon cut people by insulting them with PIP, to save cost ad avoid severance packages.
Now, guys, now you tell me, who the fxxk is worse?
No need to employee anymore here it is better to be stockholder so better buy Exxon....n huat ..
On LinkedIn , 2 oil majors were being called out recently :
Exxon ‘s ranking called to question on its fairness and relevance :
https://www.linkedin.com/posts/amandarico-phd_oilgas-hiringandpromotion-exxonmobil-activity-6963473187212849153-FwnW?utm_source=linkedin_share&utm_medium=ios_app
Shell: applause for sharing profit with employees -shareholders
https://amp.theguardian.com/business/2022/aug/03/shell-staff-bonus-record-profits-oil-gas-prices
What a contrast and shame !
When come to business , we want to compete to be first , when it comes to compensation we want to b last in line .
Bravo!
- The company expanded the minimum number of employees that must be classified as "Needs Significant Improvement," or NSI, in the annual review cycle.
- Some of those employees are forced to resign or early retirement. Others have the option to enroll in a performance improvement plan.
- Current and former employees said that Exxon is obscuring layoffs in performance-based cuts.
bkfiw+16zEvLP3 No inflation adjustment ? Because in the sick mind of the LCM all are still overpaid except her who knows how to write emails and talk c**k . She is not held accountable to the Low morale of the organisation what a blissful role. Only upside no downside where to get haha
@bxahy+16zEvLP3 Agree with you. That's why I just do the bare minimum to get by. Why should I put in more effort than necessary if the company is just going to reward shareholders and execs instead of me?
@bxahy+16zEvLP3
Is this a surprise that shareholders and investors are placed high on the list while employees are at the bottom? So do we still buy the lie ? There are many still buy the lie and sticking around telling themselves they wldnt be the ones to be put under the bus… another 3 -5yrs …. When all are getting older , u still see what happen . Meanwhile , I am spending my evening , applying for jobs. Wish me good luck
Every comm session, I pity all SGCX MCs for convincing employees how EM cares about employees. Rebuilding the trust??? All employees trust that EM cares about shareholders, investors and executives during good time and bad time compared to other companies.
Exxon triples share buybacks to US$30b
https://www.businesstimes.com.sg/energy-commodities/exxon-triples-share-buybacks-to-us30b?amp
Shell to give staff 8% bonus after record profits
https://amp.theguardian.com/business/2022/aug/03/shell-staff-bonus-record-profits-oil-gas-prices
Exxon CEO Darren Woods promises investors a strong dividend despite 2020 losses
https://www.cnbc.com/amp/2021/03/04/exxon-ceo-darren-woods-says-company-will-still-pay-a-strong-dividend-despite-2020-losses.html
Facebook gives employees $1,000 as it extends remote work to July 2021
https://nypost.com/2020/08/07/facebook-to-give-employees-1000-as-wfh-extends-to-july-2021/amp/
@bvfyc+16zEvLP3,
You shd pre-empt and be proactive . Why subject yourself to the eventuality ? Take control of your life and destiny . U know you are with a whor* yet you treat her like your wife ?